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Please not only fill in the blanks but answer the entire question! Thank you! Suppose the risk-free return is 4.2% and the market portfolio has

image text in transcribedPlease not only fill in the blanks but answer the entire question! Thank you!

Suppose the risk-free return is 4.2% and the market portfolio has an expected return of 11.7% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.31. What is its expected return? .... The expected return is [%. (Round to two decimal places.)

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